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May 2, 2014 10:00pm EDT
they send including japan malaysia peru and others. make enough 40% of the world's gdp. that is what the president was doing in advancing his trip to asia last week. the second is the transatlantic trade and investment partnership as washington would for referred to as ttip which was significantly deepening the multibillion dollar economic relationship we have with the european union. together they were tonight two-thirds of the world economy, the competition that generates competition and intellectual property. the benefits for america and the middle class would be significant. 44 million americans work for companies that export goods. hundreds of thousands more would be working if they did not steal your copy. jobs supported by exports pay as much as 18% higher wages than the national average. we shouldn't be afraid of this competition. i tell leaders all over the world america welcomed his competition. it's stamped into her dna. and that if the field is even remotely level we will succeed and you will succeed. ladies and gentlemen we have learned a lot over the last 20 years about
May 2, 2014 8:00am EDT
know about china, we know what's happened, issued late in the past. singapore, malaysia, korea, different places, but let me talk about japan because we are doing specific negotiations with japan, and as you know, that japan has not directly intervened in the foreign exchange market for more than two years, but the yen has depreciated significantly against the u.s. dollar and while the depression as a children impact on the number of u.s. imports, you and i shared information with me on the numbers, it does provide a massive advantage for japanese automakers. in fact, at today's exchange rate there's an estimated benefit of $5700 on every vehicle. so it's a windfall in operating profit. they may end up in advertising. it may end up in research and development. it may end up in cutting prices. it may end up in cutting prices on vehicles in other markets where u.s. automakers are directly competing with the japanese in other markets around the world. $5700 in vehicles is no small thing. i guess to add insult to injury on china everything else, even though japan is not from interv
Apr 28, 2014 9:00pm EDT
that it was not about containing china. he went to four different countries. he went to japan, malaysia, was recently the philippines, and he also made a stop in south korea. a lot of people have been watching it as a china containment tour. the last thing that happened in the philippines this last up, announced --tates is been interesting watching him deal with that. obviously, china and u.s. have an important relationship. the allies in that region are worried about the rise of china as well. lawmakers are returning after a two-week vacation. i wouldn't look for whole bunch happening, at least this week or over the next two months. thomas is beginning to debate spending bills for the coming year. that is the actual legislating that is going on. artief the legislating is gearing towards the november elections. maisie big one for primaries, both in the house and senate. mitch mcconnell faces is primary in may. there's a couple of feet once and senate primaries. of the biggest races is in idaho this month, as well. how big of a role as a 2014 elections? is completely overshadowing everything that is h
Apr 28, 2014 10:00am EDT
to refer to if needed if i get a question about, you know, the plane in malaysia. i have not talked about it in a few days. i may have had a brief verbal update on it in the morning, but there may be specifics about what kind of assets from the defense department we are deploying that i'm going to have to look in the book to find. >> you have the exhaustive potential list defensively, just so you are prepared -- >> yes, a matter of being prepared. >> there is a little percentage i would imagine of the things you have there that we ask on. >> well, when you say percentage, i would say, you know, some days all of the questions are on subjects within here, but it could just be two subjects. even though my briefings last close to an hour, if it is a grab bag day and there is not anything or any subject or set of subjects that are driving the news, i could get 20 different subjects in a briefing. what often, as is the case the day before yesterday, i think, i think 80% of the briefing was ukraine, and in many ways the same three questions posed differently. that's because ukraine was driving t
Apr 26, 2014 5:00am EDT
26, 2014. president obama continues his trip overseas in malaysia today. on washington journal we will cover the news coming out of those official visits as well as the latest on the ongoing crisis in ukraine. first we want to hear from our viewers about the u.s. housing
Apr 26, 2014 3:00am EDT
is in asia week stopping in japan, south korea, malaysia, and the philippines. yesterday in japan president obama and prime minister abe voiced their commitment to create an economic cooperation zone in the pacific befitting the 21st century by continuing negotiation on the transpacific partnership agreement. president obama said yesterday as he has many times that the opportunity toan make trade fair and transparent and create good jobs for american workers to ensure producers of commodities, services, and manufactured goods can access international theets, and particularly fastest growing markets in the world to protect intellectual property. i think, as i mentioned, as john stump said, that does not mean that we need an agreement that is only good for business. we need an agreement that is good for american workers and supports good paying jobs at home while protecting workers rights in the environment around the world. united states and japan are committed to taking the bold steps necessary to come fleet a high standard, comprehensive agreement. after working around the clock,while the
Search Results 0 to 5 of about 6